Kid_Eternity
Quis custodiet ipsos custodes?
How nice of Palm the nice corporation...
Sorry to spoil your glee, but it can be turned off.How nice of Palm the nice corporation...
Palm takes privacy very seriously, and offers users ways to turn data collecting services on and off. Our privacy policy is like many policies in the industry and includes very detailed language about potential scenarios in which we might use a customer's information, all toward a goal of offering a great user experience. For instance, when location based services are used, we collect their information to give them relevant local results in Google Maps. We appreciate the trust that users give us with their information, and have no intention to violate that trust.
Engadget said:The biggest change appears to be a fix for that nasty bug that caused the Pre to reset or turn off when the keyboard was closed -- that bit of grey foam pictured was added to the battery compartment to tighten up the battery connection. There's a also word that the screen cracking and unintended rotation issues have been addressed, although time will tell on those, and the button color has changed from pearl to silver. As for improvements, well, there's a new battery model, and the Palm logo is now embossed on the carrying case. Yep, just little stuff, but it's good to see Palm addressing the build issues on the Pre, which are by far the most common complaint about the device.
A lot of rumours are circulating about Palm's financial health after analysts begin to cut their predictions following disappointing sales figures.
Disappointing sales in US = better deals in the UK
None of the analysts have the slightest clue about the actual sales figures, and some are painting a very different picture to your doom'n'gloom scenario:Brutally put, initial sales haven't met up to expectations, the network hasn't gained the customers it'd like and the handset's seemingly failing to dent (in particular) customer loyalty to Apple and Blackberry. .
Pacific Crest analyst James Faucette writes that his checks find that monthly sell-through of the Pre in August is “trending up slightly sequentially” versus run-rates at the end of July. He contends the improvement reflect better advertising, improved supply and strong word-of-mouth. That said, Faucette adds that further acceleration is going to be requried to meet his August quarter sales estimate of 750,000 units. He maintains his Outperform rating and $17 price target, and still thinks the company’s WebOS and software development team could be more to a potential acquirer - he mentions Nokia and Motorola - than as a stand-alone company.
http://blogs.barrons.com/techtraderdaily/2009/08/17/palm-pre-sales-pick-up-in-august-or-maybe-not/
None of the analysts have the slightest clue about the actual sales figures, and some are painting a very different picture to your doom'n'gloom scenario:
Grozovsky cut his estimate on Palm (NASDAQ: PALM) Pre unit sales for the August quarter to 350,000 from 400,000, which he says is already low relative to Wall Street expectations. He downgraded Palm to "sell" from "hold."
"We believe that our 400,000 units estimate for Pre was a low estimate relative to Street expectations and, as a result, believe that should the company even achieve these numbers, it would be viewed as a disappointment by investors," the research note said.
If JNK wireless consultant iGR (quoted in TechChrunch) is to be believed, Palm Pre sales are not as high as other analysts seem to think. As expected, the sales rate has dropped somewhat since the launch date, but iGR is estimating that Pre sales have dropped to and stabilized around 22,000 - 25,000 units a week, from a launch week high of 140,000, adding up to a to-date total of around 320,000 sales. Sprint’s inventory of Pre phones has reached a supply-demand stabilization point (which bodes well for Bell customers in Canada).
You know the beautiful thing: June 29, 2009, is the two-year anniversary of the first shipment of the iPhone. Not one of those people will still be using an iPhone a month later. - Roger McNamee, Elevation Partners - March 05, 2009
The early results are in and it doesn’t look good for Palm. Today, Apple announced their third quarter results for the fiscal year 2009, a three month period sales period which ended on June 27. Apple’s quarterly sales numbers represent a non holiday record for the Cupertino based company. Highlights include overall global revenue of $8.34 billion with a net quarterly profit of $1.23 billion. Apple sold a whopping 5.2 million iPhones which, according to Techcrunch, represents a 626 percent growth over the equivalent quarter last year. Twice as many iPhones were sold in the last quarter as Mac computers (2.6 million), thereby symbolizing Apple’s shift from a personal computer maker to a provider of wireless entertainment and communications devices.
What’s really scary about the Apple numbers is that they barely include sales figures for the new 3GS iphone which only became available a few days before the end of their quarter
What a bizarre article. No one in their right mind expected the Pre to be outselling the iPhone at this ridiculously early stage.Add to that, there's no reason for Palm to keep mum after being so cocky. Particularly when the massive success of the Apple iphone in the last quarter is drawing media attention:
Apple sells their phones worldwide and has a 3 year brand advantage. Palm is selling their phone on the third place carrier in the US only. Being able to sell one million phones into a very competitive market isn’t bad. If Palm can improve this phone with updates, and continue to improve webOS, by their next gen phone they will really start to compete. Don’t be an Apple fan boy, at least feign lack of bias.
Due to the slightly disappointing sales this may cause difficulties when Palm approach other carriers, one expert said “If Sprint can’t prove that the Pre is an iPhone killer, it’ll really affect the level of subsidies”.
www.electronista.comPalm's budget Eos smartphone is rumored today to be on hold due to worries over Pre sales. The Centro replacement, nicknamed "Pixie," is said by contacts in Asia to still be under development but that its actual launch is frozen until Palm has "better visibility" of how well the Pre and other existing phones are selling
The analyst group maintains that "not one" provider offering the iPhone has seen a financial or market share boost since adding it to their rosters. In many cases, these companies have either seen reduced profit from the heavy subsidies needed for the iPhone or haven't seen the surge in data revenues they expected from customers moving to more expensive smartphone plans.
http://www.reuters.com/article/tech...20090817?feedType=RSS&feedName=technologyNews
Palm Wars Episode V: The Analysts Strike Back. Not long after throwing Palm’s stock into the clearance bin, Morgan Joseph analyst Ilya Grozovsky has penned another research note on Palm.
This time he’s claiming that the unannounced non-slider Eos/Pixie webOS smartphone has been delayed from its unannounced 2009 holiday season to next year. Grozovsky stated that Palm will need to put all its muscle behind the Eos if it hopes to compete against the $99 iPhone 3G currently on AT&T (the Eos is rumored to be landing on AT&T - and Sprint - at $99).
No sources, even of the completely anonymous variety, were cited, leading us to advise that this is to be taken with considerable sodium chloride. Note also the scare quotes about "delayed" in the title - it's hard to call something 'delayed' when we know so little about what the original plans for it were in the first place.
Ok, one anonymous tip we received earlier in the month was that prototype units of the Eos on Sprint had at least made their way out of Palm HQ -- so the thing probably exists out there in Sprintland.
http://www.precentral.net/pixieeos-delayed-2010
All I'm seeing is a bunch of rumours, 'maybes' and some fairly wild speculation there.
I can only think they had $$$ in their eyes when doing this, rather than looking at the bottom line.
I don't think the UK market has ever been a particular big concern for Palm - even when they were dominating the smartphone market with the massively successful Treo, they remained comparatively rare phones over here.Another day another person I know has a blackberry, virtualy everyone I know has a BB or iPhone now. Palm seriously have their work cut out for them, in fact I wouldn't be surprised at this point if the Pre flops in the UK...
Unless you know something I don't, neither the sales figures or Palm's target numbers have been released.They didnt have the huge burst of opening sales they hoped for, and there is a load riding on this. What the share price says is that the industry doesn't think it has it in it..
They need cash NOW!
Yeah true so where does the EVDO decision come into that?
Exactly. They must have spent an absolute fortune developing the new webOS and the Pre, so it makes sense to use their limited resources releasing the handset in a market where they are still a fairly respected brand.Simple they are broke and couldn't afford to do it, so they correctly targeted the market where they have the most brand awareness.
Exactly. They must have spent an absolute fortune developing the new webOS and the Pre, so it makes sense to use their limited resources releasing the handset in a market where they are still a fairly respected brand.
Don't forget, Palm are really quite tiny compared to most of the other big players like Nokia, Apple, Blackberry etc.
To be fair, at no point did Palm (or Sprint) even suggest that they were expecting masses of people queuing in the street.They needed people queuing up in the street, and it did not happen on the scale that was required, and this is in their strongest market.